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3.70%

5.6¢ medallion metals limited.

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-52

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6,102 Posts.

1627

03/04/24

10:15

Post #: 73162406
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Originally posted by aliscrazy: ↑

You just don't understand FA on commodity stocks. The reason they have stopped drilling and conserving cash the last 12 months is because the market didn't give a F about gold assays. It's what proper companies do instead of switching to the hot metal. They are working on non dilutive financing in the background that could transform the stock and narrative. The way you make money in commodities stocks is buying unloved quality deposits - waiting few months or a year for bags is a great investment. Just trading the hot stock trying to apply TA on catalyst driven specs gets you no where in the long term, that's why traders go broke and we don't see PnLs anymore on social media. I believe in the FA here so I'm happy to wait, I see the stocks you're on, they all die in the ass so you can never size up in them or anything. You do you and I'll do me.

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PFS increase is circa 33% + from base case and rising...

MM8 Price at posting: 6.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 5.6¢		Change 0.002(3.70%)		Mkt cap ! $17.23M

Open	High	Low	Value	Volume
5.3¢	5.6¢	5.3¢	$18.43K	335.7K

Buyers (Bids)

No.	Vol.	Price($)
2	85626	5.3¢

Sellers (Offers)

Price($)	Vol.	No.
5.6¢	58200	1

View Market Depth

No.	Vol.	Price($)
2	85626	0.053
1	100000	0.052
1	9139	0.051
3	119450	0.050
1	105958	0.047

Price($)	Vol.	No.
0.056	58200	1
0.058	65000	2
0.060	88914	1
0.064	37273	1
0.067	50000	1

Last trade - 12.15pm 16/05/2024 (20 minute delay)


Last 5.6¢			Change 0.002 ( 12.0 %)
Open	High		Low	Volume
5.3¢	5.6¢		5.3¢	99879
Last updated 10.15am 16/05/2024 ?

MM8 (ASX) Chart